As per a recent survey conducted by Frost & Sullivan among airport industry stakeholders globally, on the importance of digitisation at airports, majority of the respondents replied in favour of such a program. 28 percent agreed that airport digitization is a key pillar in their growth strategy, while 38 percent replied that it is the most important program at the airport, and remaining 30 percent mentioned that airport digital transformation is umbrella term grouping all projects but not a separate program and barely 4 percent mentioned that they didn't focus on it at all. "KLIA1 and KLIA2 are the most mature ecosystems as airport terminals in Malaysia and they are at the right threshold to explore the full benefits of digital transformation of airports, whilst increasing efficiency, comfort and convenience at the same time delivering a unique experience," said Amartya De, Associate Director, Aerospace & Defense Practice at Frost & Sullivan. Increasing the operational … [Read more...] about Future growth of ASEAN airports to be heavily driven by digital transformation: Frost & Sullivan
Digital transformation
Digital transformation poses challenges for Vietnamese tourism
Digital transformation poses challenges for Vietnamese tourismBy Van Ly Visitors are seen at Van Mieu-Quoc Tu Giam (Temple of Literature) in Hanoi – PHOTO: VAN LY HANOI - Digital transformation is an ongoing, indispensable trend occurring throughout the world. In Vietnam, however, the trend has posed multiple challenges for the local tourism industry, heard attendees at a conference on digital transformation in tourism development held on October 19. Le Tuan Anh, director of the Tourism Information Center at the Vietnam National Administration of Tourism, addressed the issue of digitalization at the conference, as part of an event entitled, “The Guide Awards 2018” hosted by Vietnam Economic Times. In particular, to promote the tourism industry in a modern, professional manner, along with achieving high added values and competitiveness by 2020, as assigned by the government, local tourism will have to put in place the latest technology. Digitalization and … [Read more...] about Digital transformation poses challenges for Vietnamese tourism
Firms urged to hasten digital transformation
A panel discussion on digital transformation during the Industry 4.0 era was held in HCM City on September 20 by the Association of Vietnam Scientists and Experts, the HCM City Institute for Development Studies and Quang Trung Software City. — VNS Photo Viet Nam News HCM CITY — Digital transformation is a vital step for businesses to stay afloat in the Industry 4.0 era, a seminar heard in HCM City on Thursday. Đào Trung Thành, chief technology officer of Media Ventures Vietnam Group, said studies show that while 90 per cent of CEOs believe the digital economy would have a major impact on their industry, less than 15 per cent are funding and executing digital transformation plans. Digital transformation is being driven by a set of technology mega trends like mobility, hyperconnectivity, super-computing and real-time big data analytics, and cloud computing. “If we do not transform, our company may not exist after the next few years,” he said. … [Read more...] about Firms urged to hasten digital transformation
Telecom, retail sectors face far-reaching digital transformation
Telecom, retail sectors face far-reaching digital transformationBy Chi Thinh Representatives at the conference on digital transformation held in HCMC on September 20 - PHOTO: CHI THINH HCMC – Several sectors, including telecommunications, retail and financial-banking, have been greatly affected by digital transformation, according to a technology conference held in HCMC on September 20. Speaking at the conference on digital transformation in Vietnam in the Industry 4.0 era, Dao Trung Thanh, chief technology officer at Media Ventures Vietnam Group, said five sectors---communications, telecommunications, financial-banking, retail and technology---are being brought under the influence of digital transformation. In fact, telecom and financial-banking enterprises are strongly investing in their digital transformation to prepare for the fourth industrial revolution. Director of AVSE Global Vu Ngoc Anh said the fourth industrial revolution will create a suitable environment and … [Read more...] about Telecom, retail sectors face far-reaching digital transformation
Digital transformation, key to corporate success
Digital transformation has become a key item on the agenda of every organisation and even government. At the ASEAN World Economic Forum this year, Viet Nam is joining nine other countries to not only celebrate the 50th anniversary of ASEAN, but also to discuss the challenges of the 4th industrial revolution, the technological revolution. Technology offers great solutions to various persistent problems, thus pointing to the need for digital transformation globally as well as in Viet Nam. A recent report by Microsoft and IDC titled “Unlocking the Economic Impact of Digital Transformation in Asia Pacific” pointed out that 84 per cent of business leaders in Southeast Asia acknowledge that every organisation needs to transform into a “digital business” to sustain growth. However, uncertainties remain when it comes to digital transformation. Asia-Pacific organisations consider shortage of skilled human resource their biggest challenge. Asian digital transformation … [Read more...] about Digital transformation, key to corporate success